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Fortive Corporation  (FTV)
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Fortive Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Fortive Corporation inventory turnover ratio, the Fortive Corporation's ability to sell and replace its inventory in the forth quarter 2023, sequentially increased to 4.48 in the fourth quarter 2023, yet the ratio remained below the average, as FTV's market remain challenging.Average inventory processing period, for the Fortive in Dec 31 2023 quarter, has decreased to 81 days, compare to 82 days, in the Sep 29 2023 quarter.

Within Technology sector 63 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 60 in the third quarter 2023, to 399.

FTV Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Fortive Corporation Market Share?

What is Inventory Turnover Ratio?


FTV Inventory Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 29 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Inventory Growth -4.21 % 2.46 % 3.05 % 4.68 % 10.6 %
Y / Y Cost of Sales Growth -0.19 % -1.49 % -1.4 % 4.79 % 9.75 %
Inventory Turnover Ratio (TTM) 4.48 4.44 4.48 4.53 4.53
FTV's Total Ranking # 399 # 60 # 60 # 821 # 468
Average inventory processing period 81 82 81 81 81
Seq. Inventory Growth -4.33 % -1.58 % 6.24 % -4.25 % 2.34 %
Seq. Cost of Sales Growth 5.77 % -3.14 % 1.39 % -3.91 % 4.39 %



Inventory Turnover Ratio Company Ranking
Within: No.
Electronic Instruments & Controls Industry # 7
Technology Sector # 64
Overall Market # 399

Inventory Turnover Ratio Statistics
High Average Low
5.89 4.97 4.43
(Mar 30 2018)   (Sep 30 2022)




Financial Statements
Fortive's Inventories $ 537 Millions Visit FTV's Balance sheet
Fortive's Cost of Revenues TTM $ 2,471 Millions Visit FTV's Income Statement
What are FTV's Sales? Visit FTV's Sales by Segment

Other Inventory Turnover Ratios
Fortive's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Electronic Instruments & Controls Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
FTV's Inventory Turnover Ratio versus Electronic Instruments & Controls Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for FTV's Competitors
Inventory Turnover Ratio for FTV's Suppliers
Inventory Turnover Ratio for FTV's Customers

You may also want to know
FTV's Sales Growth Rates FTV's Pe Price to earnings ratio FTV's Receivables Turnover Ratio FTV's Stock Quote
FTV's Net Income Growth Rates FTV's Ps Price to Sales ratio FTV's Sales per Employee FTV's Asset Turnover Ratio
FTV's Net Margin FTV's Pb Price to Book ratio FTV's Financial Strength Ratios FTV's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Technology Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
Franklin Wireless Corp   12.40 $ 40.528  Millions$ 3  Millions
Mix Telematics Limited  11.94 $ 56.055  Millions$ 5  Millions
Par Technology Corporation  11.88 $ 317.000  Millions$ 27  Millions
Creative Realities Inc   11.73 $ 22.000  Millions$ 2  Millions
Franklin Covey Co   11.70 $ 47.876  Millions$ 4  Millions
Amkor Technology Inc   11.26 $ 5,559.000  Millions$ 494  Millions
Netscout Systems Inc   11.05 $ 186.941  Millions$ 17  Millions
Transcat Inc  10.74 $ 171.714  Millions$ 16  Millions
Photronics Inc   10.56 $ 556.987  Millions$ 53  Millions
Iteris inc   9.68 $ 107.952  Millions$ 11  Millions
Csp inc  8.28 $ 41.480  Millions$ 5  Millions
Matterport Inc   7.79 $ 87.000  Millions$ 11  Millions
Pixelworks Inc  7.67 $ 33.968  Millions$ 4  Millions
Arlo Technologies Inc   7.54 $ 323.000  Millions$ 43  Millions
Enphase Energy Inc   7.00 $ 1,232.000  Millions$ 176  Millions
Broadcom Inc   6.79 $ 12,804.000  Millions$ 1,887  Millions
Netlist Inc  6.58 $ 66.000  Millions$ 10  Millions
Oblong Inc   6.22 $ 2.488  Millions$ 0  Millions
Cisco Systems Inc   5.99 $ 20,479.000  Millions$ 3,417  Millions
Rekor Systems Inc   5.89 $ 16.499  Millions$ 3  Millions
Hp inc   5.88 $ 41,488.000  Millions$ 7,052  Millions
Ribbon Communications inc   5.62 $ 418.000  Millions$ 74  Millions
Premier Inc   5.49 $ 431.227  Millions$ 78  Millions
Nortech Systems Incorporated  5.42 $ 116.000  Millions$ 21  Millions
Magnachip Semiconductor Corporation  5.40 $ 178.411  Millions$ 33  Millions
Itron Inc   5.34 $ 1,459.000  Millions$ 273  Millions
Jabil Inc  5.33 $ 30,555.000  Millions$ 5,733  Millions
Sanmina Corporation  5.24 $ 7,743.578  Millions$ 1,478  Millions
Inseego Corp   5.22 $ 143.000  Millions$ 27  Millions
Omnicell inc   5.22 $ 650.000  Millions$ 124  Millions

Date modified: 2024-02-28T14:38:42+00:00



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